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Based on this, Linden Lab's market cap should be 34 trillion dollars, right?

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Listening to this podcast about the original Metaverse, Second Life. Interesting stats like it still has 1M active users and $650M in user to user transactions per year which has been roughly the same since 2008. open.spotify.com/episode/2Plv0E

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4:20 PM · Oct 9, 2022

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Based on 38 daily actives apparently being worth $1.3bn, then scaling that up to the 1m active on Second Life

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coindesk.com/web3/2022/10/0

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11

Replying to

and

@philiprosedale

math checks out :)

cohost.org/joXn

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and

You only get that kind of market cap if the extractive engine is clearly designed to transfer wealth to the rich...

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@Randomfrequency@mastodon.social

@randomfrequency

Replying to

LL certainly has a very specific kind of user base, that's for sure.